Agricultural, Agribusiness & Farm Accounting | Small Business Guide | Sky Accountants Ballarat

About 52% of land mass in Australia is dedicated to agriculture and its production had a gross value of $48 billion in 2013. Victoria is the second smallest state in Australia with less land for farming than most Australian states but it is the biggest contributor to the country’s agribusiness economy. At Sky Accountants – …

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Accountants Melbourne

Comprehensive Services for your business from complex tax and management matters to daily advisory. Achieve excellent results in your business Focus on solutions and business development Foster a beneficial working relationship with an experienced business advisor Professional Tax & Accounting Services delivered by an experienced chartered accountant The Australian Tax Office has advanced data matching …

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Sky Update – December 2019

By Sky Accountants

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest. Gaming Machine Entitlements Not Tax Deductible The High Court has handed down its decision in the Sharpcan Case as to whether payments to the Victorian Government to acquire Gaming Machine Entitlements were tax …

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Accountants Ballarat and Bookkeepers Ballarat: Things you Need to Know: Accommodation and Food Services Industry

If you run a business in the accommodation and food services industry, it’s important to know the licenses, permits, legislation and operational requirements in the industry. At Sky Accountants Ballarat & Bookkeepers Ballarat, our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur. Contact us at info@skyacc.com.au or 1300 328 …

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Sky Accountants Ballarat & Bookkeepers Ballarat: SMSF

SMSF trustees should be aware of the rules and obligations that govern how they manage their funds. At Sky Accountants Ballarat & Bookkeepers Ballarat, our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur. Contact us at info@skyacc.com.au or 1300 328 855 It is the responsibility of self-managed super fund …

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Sky Accountants Ballarat & Bookkeepers Ballarat: Company Business Structure

If your main goal is to scale your business, a company structure may be your ideal choice because it provides flexibility to expand and bring in new partners to the business. It also offers a capped taxation rate and a reduced level of personal liability. At Sky Accountants Ballarat, our goal is to empower you …

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Sky Accountants Ballarat & Bookkeepers Ballarat: Tradies

Working in trades can keep you very busy that you don’t have time to worry about finances and bookkeeping. Managing your finances is a big part of the business but it does not have to be difficult. You can use Xero to streamline your accounting and bookkeeping – it has a number of integrations so …

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Sky Accountants Ballarat & Bookkeepers Ballarat: Manufacturing Accountants: Raw Materials and Finished Goods Inventory

Manufacturing companies have two different types of inventory: raw materials and finished goods. Raw materials inventory is used in the production of goods while finished goods inventory is used for what the company produces and sells. At Sky Accountants Ballarat & Bookkeepers Ballarat, our goal is to empower you to become a better, more finance-focused …

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Sky Update – November 2019

By Sky Accountants

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest. Taxing Christmas Parties With Christmas just around the corner, many businesses are organising their end of year Christmas party. It is important to be mindful of the tax implications associated with Christmas parties …

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Sky Accountants & Bookkeepers Ballarat: Capital Gains Tax

Business owners often have their personal wealth tied up in their business. When it’s time to realise this wealth and sell the business, capital gains tax can be a factor in the amount of wealth they can retain. Some business tax are unavoidable but there are many strategies you can implement now to minimise tax, …

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